Financial news on October 24, 2006

Business and Financial news
AT&T Profit Rises 74% on Wireless Growth

Strong growth at Cingular Wireless and savings from the merger of the old AT&T with SBC Communications spurred the increase. Read more..

By KEN BELSON - The New York Times

At U.S. Borders, Laptops Have No Right to Privacy

Employers have a new worry — that business travelers’ laptops will be seized at United States customs and immigration checkpoints. Read more..

By JOE SHARKEY - The New York Times

Canada Wonders Why It’s the Bought and Not the Buyer

Cash-rich corporate Canada could be on a hunt for commercial prey, but the list of prominent Canadian companies now under new and foreign ownership goes on. Read more..

By IAN AUSTEN - The New York Times

Ford Posts Loss of $5.8 Billion, Worst Since ’92

Ford’s new chief executive said the automaker would require a transformation in the way it thought about consumers. Read more..

By MICHELINE MAYNARD - The New York Times

How to Tell One Plane From Another

When I was a frequent business traveler, I developed what some people might consider an odd pastime: I recorded the tail numbers on planes. Read more..

By BOB BASCHÉ - The New York Times

Like Yahoo, Google Adds Customized Search Engine

Google introduced a tool Monday that allows Web sites and blogs to offer visitors a customized version of its search engine. Read more..

By KATIE HAFNER - The New York Times

Lipitor Patent Ruling

Pfizer, the pharmaceutical company, won an appeals court ruling yesterday that will keep generic copies of its best-selling drug Lipitor off the market until 2010. Read more..

By BLOOMBERG NEWS - The New York Times

Parent of Keefe Bruyette Plans to Go Public

WASHINGTON, Oct. 23 (Dow Jones/AP) — KBW Inc., the investment bank, is gearing up to hold its initial public offering early next month at a price that could give it a market valuation of about $638 million. Read more..

By DOW JONES/THE ASSOCIATED PRESS - The New York Times

Seeing Promotion Possibilities in the Tick of the Population Clock

Johnson & Johnson and Gerber Products are sponsoring campaigns celebrating the arrival of the 300 millionth American. Read more..

By PATRICIA WINTERS LAURO - The New York Times

T-Mobile Tests Dual Wi-Fi and Cell Service

T-Mobile began selling service that allows a single handset to communicate over both cellular networks and Wi-Fi hot spots. Read more..

By KEN BELSON - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC21,4621,8421,4521,6262.8M
MicrosoftMSFT28,4328,4328,1328,2861.4M
PfizerPFE27,2527,3227,0027,2650.8M
Cisco SystemsCSCO24,3724,5424,1624,3429.9M
Oracle Corp.ORCL19,0619,1518,7418,8928.8M
AltriaMO79,3681,0578,5079,8224.6M
AmazonAMZN32,8738,0032,8633,6323.2M
General ElectricGE35,4535,5835,3435,4221.8M
AT&T Inc.T34,6035,0034,2134,7320.1M
ExxonMobilXOM69,6770,2369,5869,8919.8M
AmgenAMGN75,3075,4374,5274,9419M
Wal-Mart StoresWMT51,3551,9051,0551,3018.8M
AlphabetGOOGL476,28477,86471,41473,3117.3M
AppleAAPL81,2181,6880,2081,0516.5M
ConocoPhillipsCOP60,2061,6860,1561,4014.8M
JPMorgan ChaseJPM47,1447,2146,7547,1413.4M
Home DepotHD36,1836,5636,1736,5012.2M
SchlumbergerSLB62,0062,4760,5762,3512.2M
HP Inc.HPQ39,6539,9739,0639,4411.6M
Verizon CommunicationsVZ37,8338,1937,6938,0011.4M
McDonald'sMCD42,0542,4641,8442,2511.4M
Abbott LaboratoriesABT48,5248,5847,7248,1211M
Johnson & JohnsonJNJ68,6368,8668,2668,7510.9M
ComcastCMCSA38,4739,1238,1739,0110.7M
Coca-ColaKO47,0547,2446,8947,0310.5M
MerckMRK45,7045,9545,2545,939.56M
International Business MachinesIBM90,9191,9590,8091,499.22M
ChevronCVX65,6467,0365,4666,899.06M
PepsicoPEP62,9563,4862,7063,208.87M
Bristol-Myers SquibbBMY24,5724,7724,2824,758.17M
UnitedHealth GroupUNH50,5050,7949,8349,847.96M
Wells Fargo & Co.WFC36,5036,6036,2236,457.78M
Walt Disney & Co.DIS31,1431,4431,0331,387M
Procter & GamblePG63,0063,1762,6762,886.88M
BoeingBA83,1083,8982,7283,593.82M
3MMMM79,9580,5879,7079,893.2M
Gilead SciencesGILD69,2569,3568,0468,642.83M
United TechnologiesUTX64,5665,1564,5065,122.71M
Union PacificUNP91,4691,6290,4091,501.5M
Berkshire HathawayBRK.B3338,003365,003337,503355,0021.9K
Exchange Rates of October 24, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 119,420 JPY1 JPY = 0,008 USD
US DollarCanadian Dollar1 USD = 1,127 CAD1 CAD = 0,887 USD
US DollarSwiss Franc1 USD = 1,267 CHF1 CHF = 0,789 USD
US DollarChinese Yuan1 USD = 7,903 CNY1 CNY = 0,127 USD
EuroJapanese Yen1 EUR = 149,910 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,670 GBP1 GBP = 1,492 EUR
EuroAustralian Dollar1 EUR = 1,655 AUD1 AUD = 0,604 EUR
EuroCanadian Dollar1 EUR = 1,414 CAD1 CAD = 0,707 EUR
EuroSwiss Franc1 EUR = 1,590 CHF1 CHF = 0,629 EUR
Japanese YenPound Sterling1 JPY = 0,447 GBP1 GBP = 2,238 JPY
Japanese YenAustralian Dollar1 JPY = 1,103 AUD1 AUD = 0,906 JPY
Japanese YenCanadian Dollar1 JPY = 0,943 CAD1 CAD = 1,060 JPY
Japanese YenSwiss Franc1 JPY = 1,061 CHF1 CHF = 0,943 JPY
Pound SterlingAustralian Dollar1 GBP = 2,469 AUD1 AUD = 0,405 GBP
Pound SterlingCanadian Dollar1 GBP = 2,110 CAD1 CAD = 0,474 GBP
Pound SterlingSwiss Franc1 GBP = 2,372 CHF1 CHF = 0,422 GBP
Australian DollarCanadian Dollar1 AUD = 0,854 CAD1 CAD = 1,171 AUD
Australian DollarSwiss Franc1 AUD = 0,960 CHF1 CHF = 1,041 AUD
Canadian DollarSwiss Franc1 CAD = 1,124 CHF1 CHF = 0,890 CAD

See what else happened on October 24, 2006